Evan Derheim
Seeking California Real Estate CPA For Out Of State Investment
TLDR; any real estate CPA recommendations? Hey BP, I live in California and I am buying an investment property in WI. I'd like to talk with a real estate CPA. I'd like to know what tax benefits require an LLC and what...
Alexander Ho
Mitigating liability risk in California
Hi,This is a question I have regarding an income property my partners (3-4 individuals) are looking to acquire. I spoke with a mortgage broker and it is best to purchase as joint tenants with our individual names list...
Andrew Troxel
Attorney recommendation in Southern California with TX experience
Hello all, I’m a new real estate investor in Southern California looking for a lawyer with specific experience working with clients who own real estate in Texas. I turn to you, the tried and trusted BP community! Plea...
Lisa Crane
Do we have to advertise short sell
The homes in our area are going for just a little over what we owe (10-30,000) but ours is a fixer upper. Realtor told us to put in 5000 and we should be able to sell it for enough to cover loan and fees just losing ...
Monica Crisostomo
Does this structure with Trust and LLCs look right?
Hello,
I would like to have some feedback about the structure we are putting our rental properties into. We are thinking:
a) 1 Trust for each rental
b) Trust's Trustee: Disregarded LLCc) Trust's Beneficiary: Regu...
Ashley Willis
LLC needed for investment properties in Indiana
I live in California and I have several properties in Indiana. Can someone provide recommendations for whom I should hire to assist me in creating my LLC? Thank you
Spencer Kier
Incorporating LLCs & Registering When Out of State
I live in California, but have two properties out of state under my name. I'm wanting to move them to LLC(s), but getting conflicting answers from CPA and lawyers. Couple questions:* Should the LLC(s) be incorporated ...
Julian Dozortcev
is this considered a 1031 exchange
Hello All,If you purchase a home for a rehab sell it and then use those funds to purchase another rehab and continue going. Do you have to pay capital gains taxes on that profit earned or is that considered 1031 excha...
Steve Buchanan
First time raising money. What is the correct way to do things?
This will be my first time raising money from friends and family so I want to make sure I do things correctly. I'm looking to raise funds in exchange for interest payments to do some rehab on a property I currently ow...
Account Closed
Using Out of State Entity for Local Purchase?
I'm in Southern California, getting ready to do my first rehab, also in CA. Can I create a LLC in another state and use it to do business here or are there tax complications and not worth saving a few hundred dollars ...